Aoyama Trading Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	52,808	71,384	82,552	93,102	73,433	53,024
Short-Term Investments	900	2,000	1,800	-	-	-
Cash & Short-Term Investments	53,708	73,384	84,352	93,102	73,433	53,024
Cash Growth	-18.02%	-13.00%	-9.40%	26.78%	38.49%	-25.67%
Receivables	66,099	70,600	71,244	69,104	68,642	70,786
Inventory	46,918	46,023	48,951	41,978	41,316	51,805
Other Current Assets	3,515	3,869	2,543	3,976	4,806	5,611
Total Current Assets	170,240	193,876	207,090	208,160	188,197	181,226
Property, Plant & Equipment	85,315	82,943	83,813	81,418	83,978	87,947
Long-Term Investments	32,513	21,278	24,603	26,502	28,079	36,952
Goodwill	2,799	2,898	3,574	4,377	5,367	5,898
Other Intangible Assets	6,025	5,573	4,958	4,991	5,601	5,972
Long-Term Deferred Tax Assets	-	10,956	10,450	9,402	9,705	9,200
Long-Term Deferred Charges	6	12	31	75	108	17
Other Long-Term Assets	3	3	3	1	3	2
Total Assets	296,901	318,404	335,597	336,244	322,725	329,452
Accounts Payable	17,596	21,968	27,786	27,873	19,658	19,352
Accrued Expenses	679	1,581	1,913	1,632	1,053	1,099
Short-Term Debt	15,787	25,660	36,284	36,179	30,461	38,064
Current Portion of Long-Term Debt	5,000	-	15,005	2,040	50	20,050
Current Income Taxes Payable	639	8,210	9,136	8,091	6,901	14,345
Other Current Liabilities	15,601	11,291	11,079	9,929	10,726	8,168
Total Current Liabilities	55,302	68,710	101,203	85,744	68,849	101,078
Long-Term Debt	51,727	51,564	36,070	63,483	70,434	40,688
Long-Term Leases	-	3,882	3,858	3,725	4,346	4,871
Pension & Post-Retirement Benefits	6,189	7,847	8,706	8,345	9,272	10,592
Other Long-Term Liabilities	10,342	4,912	4,884	4,918	5,323	7,763
Total Liabilities	123,560	136,915	154,721	166,215	158,224	164,992
Common Stock	62,504	62,504	62,504	62,504	62,504	62,504
Additional Paid-In Capital	62,134	62,134	62,358	62,401	62,448	62,464
Retained Earnings	62,495	69,862	65,399	56,625	53,069	52,270
Treasury Stock	-7,147	-4,183	-1,440	-1,511	-1,583	-1,675
Comprehensive Income & Other	-10,343	-12,537	-11,695	-13,578	-15,293	-14,720
Total Common Equity	169,643	177,780	177,126	166,441	161,145	160,843
Minority Interest	3,698	3,709	3,750	3,588	3,356	3,617
Shareholders' Equity	173,341	181,489	180,876	170,029	164,501	164,460
Total Liabilities & Equity	296,901	318,404	335,597	336,244	322,725	329,452
Total Debt	72,514	81,106	91,217	105,427	105,291	103,673
Net Cash (Debt)	-18,806	-7,722	-6,865	-12,325	-31,858	-50,649
Net Cash Per Share	-388.56	-156.38	-137.70	-247.32	-639.57	-1017.63
Filing Date Shares Outstanding	47.97	48.54	49.86	49.85	49.82	49.82
Total Common Shares Outstanding	47.97	48.54	49.86	49.84	49.82	49.77
Working Capital	114,938	125,166	105,887	122,416	119,348	80,148
Book Value Per Share	3536.37	3662.79	3552.27	3339.32	3234.47	3231.50
Tangible Book Value	160,819	169,309	168,594	157,073	150,177	148,973
Tangible Book Value Per Share	3352.43	3488.26	3381.16	3151.37	3014.32	2993.02

Source: S&P Global Market Intelligence. Standard template. Financial Sources.